The Role of Good Corporate Governance and Corporate Social Responsibility in Shaping the Financial Performance of IDX-Listed Mining Companies (2019–2023)

View Full Paper

Ask AI

Bookmark

Authors

Discussion

Analysis reveals CSR negatively affects financial performance in IDX-listed mining firms, suggesting a balance is needed.

CSR negatively affected return on assets and return on equity in mining companies listed on IDX, indicating potential short-term losses.
Financial performance was measured using return on assets, return on equity, and net profit margin across 120 firm-year observations.
Quantitative methods highlighted firm size as positively influencing financial metrics, while debt-to-equity ratio had a detrimental effect.
Findings suggest balancing CSR initiatives with effective financial management may improve long-term prospects for firms.

Wiratama et al. (2025) studied this question.

View Full Paper

Ask AI

Bookmark